GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (XGUA:PRE) » Definitions » Total Assets

Banco de la Produccion PRODUBANCO (XGUA:PRE) Total Assets : $7,502.2 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Banco de la Produccion PRODUBANCO Total Assets?

Banco de la Produccion PRODUBANCO's Total Assets for the quarter that ended in Dec. 2023 was $7,502.2 Mil.

During the past 12 months, Banco de la Produccion PRODUBANCO's average Total Assets Growth Rate was 10.80% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 13.70% per year.

During the past 7 years, Banco de la Produccion PRODUBANCO's highest 3-Year average Total Assets Growth Rate was 19.40%. The lowest was 8.10%. And the median was 13.00%.

Total Assets is connected with ROA %. Banco de la Produccion PRODUBANCO's annualized ROA % for the quarter that ended in Dec. 2023 was 0.90%. Total Assets is also linked to Revenue through Asset Turnover. Banco de la Produccion PRODUBANCO's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Banco de la Produccion PRODUBANCO Total Assets Historical Data

The historical data trend for Banco de la Produccion PRODUBANCO's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banco de la Produccion PRODUBANCO Total Assets Chart

Banco de la Produccion PRODUBANCO Annual Data
Trend Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 5,178.31 5,517.14 6,156.06 7,001.97 7,502.17

Banco de la Produccion PRODUBANCO Semi-Annual Data
Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets Get a 7-Day Free Trial 5,178.31 5,517.14 6,156.06 7,001.97 7,502.17

Banco de la Produccion PRODUBANCO Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Banco de la Produccion PRODUBANCO's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=595.85+6906.318
=7,502.2

Banco de la Produccion PRODUBANCO's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=595.85+6906.318
=7,502.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco de la Produccion PRODUBANCO  (XGUA:PRE) Total Assets Explanation

Total Assets is connected with ROA %.

Banco de la Produccion PRODUBANCO's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=64.952/( (7001.972+7502.168)/ 2 )
=64.952/7252.07
=0.90 %

Note: The Net Income data used here is one times the annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Banco de la Produccion PRODUBANCO's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=512.88/( (7001.972+7502.168)/ 2 )
=512.88/7252.07
=0.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Banco de la Produccion PRODUBANCO Total Assets Related Terms

Thank you for viewing the detailed overview of Banco de la Produccion PRODUBANCO's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Banco de la Produccion PRODUBANCO Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de la Produccion SA PRODUBANCO (XGUA:PRE) » Definitions » Total Assets
Comparable Companies
XGUA:GYL XGUA:PCD NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411 HKSE:01658 PNC USB ISX:BBCA SHSE:601166 SGX:O39 LSE:LLOY SAU:1180
Traded in Other Exchanges
PRE:Ecuador
Address
Simon Bolivar and Via a Nayon, Ekopark Corporate Complex, Tower 1, Quito, ECU
Website
https://www.produbanco.com
Banco de la Produccion SA PRODUBANCO is a banking company. Its services include current accounts in dollars, savings accounts in dollars, capital integration accounts, payment of import levies, payment of taxes, accumulation policies, and ATMs among others.